Name | Value |
---|---|
Revenues | 198.5M |
Cost of Revenue | 7.0M |
Gross Profit | 191.5M |
Operating Expense | 68.9M |
Operating I/L | 128.3M |
Other Income/Expense | -37.6M |
Interest Income | 0.0M |
Pretax | 90.7M |
Income Tax Expense | 37.6M |
Net Income/Loss | 53.0M |
National Retail Properties is a real estate investment company that focuses on high-quality retail properties. The company generates revenue primarily through long-term, net leases on its 3,114 properties across 48 states, totaling approximately 32.4 million square feet of gross leasable area. With a weighted average remaining lease term of 10.7 years, the company benefits from stable and predictable income streams from its tenants, making it a reliable investment option in the retail real estate sector.